Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HOFV | Common Stock | Award | $0 | +77.2K | +4.27% | $0.00 | 1.88M | Jan 28, 2022 | Direct | F1, F2 |
transaction | HOFV | Common Stock | Sale | -$23.7K | -21.3K | -1.13% | $1.11* | 1.86M | Feb 1, 2022 | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | Represents fully vested shares of common stock received at the election of the reporting person under the Hall of Fame Resort & Entertainment Company Amended 2020 Omnibus Incentive Plan as partial payment of the first of two installments of the reporting person's annual bonus for 2021. |
F2 | Includes: (i) 238,643 unvested restricted stock units ("RSUs") that were granted on July 1, 2020 and vest on July 1, 2022; and (ii) 596,482 unvested RSUs that were granted on January 22, 2021 and vest in two equal installments on January 22, 2023 and January 22, 2024. |
F3 | This sale was made by the reporting person to cover tax liabilities pursuant to Hall of Fame Resort & Entertainment Company's (the "Company") mandatory sell-to-cover policy in connection with the grant of fully vested shares of common stock and does not represent a discretionary transaction by the reporting person. |
F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.11 to $1.12, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4. |